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    Economy

    Xiaomi overtakes Apple to lead wearable band market

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    2017-08-11 14:28Xinhua Editor: Gu Liping ECNS App Download

    Xiaomi overtook Apple in the global wearable band market in Q2, according to an industry analyst.

    The market grew 8 percent year on year in the second quarter, Canalys said in a research report.

    Xiaomi topped the market with shipments of 3.5 million units, closely followed by U.S. firm Fitbit, which shipped 3.3 million units, a 34-percent year-on-year decline, Canalys estimated.

    Apple fell to third place with 2.7 million shipments.

    The smartwatch market will grow in H2, driven by cellular-enabled smarwatches, with 12 million units forecast to be shipped by the end of the year, according to the report.

    Xiaomi also posted record-high quarterly smartphone sales in the second quarter and aims to ship 100 million smartphones in 2018.

      

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